I have someone interested in selling some of the land where he lives. He's on about 6 acres and would like to sell 2 or 3. The problem is it's land locked. I had an idea to try and sell to some of the homeowners...
I need some tax advice and also anticipate seeking to open a solo 401k as a result of receiving said advice. Can a CPA be a one-stop shop for this or do I need an attorney as well? What kind of professional services/a...
As the title implies, I recently had a lead contact me that intended to do a short sale on their property but hadn't started the process yet. For those familiar with such things, what can you do with that? Can you neg...
Hello everyone!I've been buying retail through the MLS for the past two years, and a few decent lots of land through tax sales. I've built up the nerve and I'm committing to buying car magnets and a 6-round direct mai...
I'm interested in understanding from others what they consider an acceptable timeline for payback of an all cash rental purchase based strictly on the anticipated cash flow. Your opinions and feedback are appreciated...
Investment Info:
Single-family residence fix & flip investment in Clinton.
Purchase price: $135,000
Cash invested: $95,000
Sale price: $345,000
Replaced all systems (HVAC, Plumbing, Electrica...
My buddy and I are partnering on a single family property. I am providing the down payment ($10k) and he is using his credit. He will be living in the home for the first 2 years, so he will be paying the mortgage for ...
I'm looking to invest in another property. I have approximately $700k in equity in my home currently.With anticipation of a recession - what are the ways I can unlock that equity without doing a home equity loan or HE...
Recently closed on a property in Michigan with the seller maintaining the ability to occupy the house after closing. There is no specific language in our purchase agreement regarding the transfer of keys. Seller is ...
Hi BiggerPockets Crew,I currently live in Chicago and my unit is about to be sold in a multi-unit buyout for about a $100k profit. I've lived in the property for about 6 months with the intent of staying here for 1 ye...